Companies
adidas opens largest store worldwide in NYC
The Germany-based sportswear giant opened a new flagship at the intersection of 5th Avenue and 46th Street. adidas NYC heralds a new era in how consumers experience creativity and sport in stores
Shoes For Crews to acquire SureGrip Footwear
Shoes For Crews, LLC the global leader in slip-resistant footwear and Genesco Inc. announced that they have entered into a definitive agreement under which SFC will acquire the SureGrip Footwear
Dr. Scholl’s with new kids’ collection
The footwear brand, owned by Caleres Inc., is teaming up with licensing partner Elan Polo International to launch its first children’s collection
Sarah Jessica Parker to debut first standalone boutique
The famous actress will witness the inauguration of her first standalone boutique in Washington on the 8th of December. SJP by Sarah Jessica Parker will feature the designer's chic collection of shoes, handbags and accessories
Cyber Monday sets new online sales record
The Monday after Thanksgiving hit a new online record for the US with an estimated 3.45 billion US dollars spent via ecommerce, a 12.1% increase over a year ago
Genesco with declining net sales
The Nashville-based group closed the third quarter of the current financial year with net sales dropping by 8%. Earning from operations with double digit decline
adidas unveils new biodegradable footwear
The Germany-based sportswear giant continues its focus on sustainability and now has presented its Futurecraft Biofabric shoe, which will be biodegradable
Boris Becker to launch footwear collection in Delhi
An historic world number one, tennis legend Boris Becker will launch his footwear collection in India on the 26th of December
Indonesia considers rising tax on leather exports
Several local media reported that the government may increase excise taxes on exports of unprocessed and semi-finished leather to restrict sales abroad. A serious matter given the local shortage of such raw material
Softer results for athletic footwear in the US
According to the NPD Group, US athletic footwear results in the third quarter were softer than in the first two quarters of the year, with sales growing by only 2% in terms of value
Revenues at Crocs in line with expectations
Revenues in the third quarter were in-line with guidance at 245.9 million US dollars. On a constant currency basis, revenue decreased by 11.6%, compared to the same period last year
Phoenix Footwear sales continue to fall
Third quarter results have been announced by the company. Net sales were down by 1.0%. The accumulated decline in the year reached 6.3%
Better than expected results posted by Nordstrom
The US-based retailer reported third quarter results exceeding expectations, reflecting continued strength in inventory and expense execution-
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